Topic 8 - Basics of substantive testing

My ultimate audit video study guide is available here

This lecture introduces the concepts surrounding substantive testing - including identifying the relevant assertions and designing audit programs. Examples included.

[timnachu]

I have my auditing exam coming next Tuesday. I learn a lot through your videos. Thanks!!

[tnbau]

Hey Amanda, you’re the best, please keep helping students. As a Chinese I’m proud of you👍🏽

[florencefortyseven]

When I heard "if I'm an importer, what's happened recently that would make my profit go down?" I thought "well, obviously the pandemic."

Then I remembered this was filmed in very different times!

[xikalu]

Thank you so much! Lecturer in my uni does not notify very much about some details and they just give us some conceptual ideas to learn which is definitely not helpful for us to understand deeply about the knowledge and can not prepare well for exam. As a Chinese student studied in Australian, I am proud of you as well!!

[athenazh]

Give me a lot of help! good teacher! support you to keep posing the videos of auditing and accounting! really appreciate it!!

[dr.ehabelbahar]

Really it is very nice and informtive session. Two weeks ago i established my channel explaining internal auditing and later i will add videos in external auditing. My video is in English and Arabic

[ajay]

Hey Amanda! first of all, thank you so much for posting these lectures. they are very helpful. Could you please post a detailed lecture on how to document the audit properly(including the audit plan, procedures and testings) from start till end and if possible with an example. I am actually having a problem at this. Hoping for a positive reply!!

[afaqahmedkhan]

I paid $5625 for a unit to my university and Instead, I watch your lectures :'). I'm currently doing the Auditing & Assurance unit.

[kikicheung]

Hi Amanda,
Would you please upload the lecture note for this video, as this is not included in your blog :)
In the uploaded note, only 2 slides go with topic, topic 2 & 10, the rest are Chapter.
Thank you!!!

[londekaboniswa]

Great work Amanda. can you please do more videos on consulting engagement process and on how auditors perform💯😊

[petertaylor]

Thanks for the lecture. I think I can be a better student listening from right here!

[Rashesh_Majithia]

Your teaching is excellent but I feel more people would appreciate if you provide a time index (at what minute does the topic change) it would help us check out parts more directly. Great lecture though, Thanks!

[wenlinglau]

Hi Amanda,

Great lecture. I was just wondering is there by any chances i can have a look at the video that you mentioned in this video about the examples of design test? is there any videos that I can refer to?

[Nedwin]

Finally, I found what I need. Subscribed, btw.

[xikalu]

Hi Amanda, your lecture is so helpful. may I ask u about the difference between "vouching" and "tracing"? I 'm kind of confused about these two words, is that vouch is look what client recorded back to see support evidence and tracing is look the source document back to see what they recorded? but in McDonald example, you said one procedure for existence is "vouch outstanding invoice to physical inventory", I'm confused about this

[cecilemichael]

Hi Amanda I wanna do my master in Australia am in South Africa please how can you help thanks

[satyam.]

please upload videos of control procedures

[charlesfisher]

"Obviously I'm Asian." I didn't think it was obvious.

[curiouscollectiblesAU]

47:20 **Doctors use the correct terminology** If my doctor told me he would remove the blah blah blah blah or stick in a pin the blah blah blah blah I'd run for the hills.

[timothysmith]

How do you audit rice? Count each individually for existence and accuracy? If it comes from the USA, it's GMO fake rice? Has to be organic rice? I now have audit anxiety. Just kidding.